USDJPY moves back toward day high. EURUSD and GBPUSD dip but rebound

The USDJPY has moved higher after the better than expected ADP report. The high for the day reached 112.77 in the Asia-Pacific session. The price just spiked up to 112.75. Putting things into perspective, the low before the release was at 112.60. We currently trade at 112.71.

The EURUSD - which has been rising all day, took a dip of about 12 pips to 1.2058 but is now back up to 1.2069.

The GBPUSD has a similar move. It fell about 10 pips on the data to 1.3530, but is trading back higher at 1.3541.